Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024 16:40
Since 2014, China’s capital has completed the mergers and acquisitions of more than 10 overseas clubs in England, Spain, Italy, France, Netherlands and Australia. This movement is really gaining momentum. In the wake of the recent takeovers of Aston Villa, Wolves and West Brom, another Premier League club is to be acquired by a Chinese enterprise.
Greater China Professional Services Limited(GCPSL), a company listed in Hong Kong, announced that it has formed a consortium with Camsing Global which signed an agreement with the seller Allamhouse Limited, aiming to acquire Hull City Association Football Club(Hull City) from the Premier League for £130 million.
The services of GreaterChina Professional Services Limited covers asset adversary, enterprise service consulting, media advertisement and finance & mortgage.
After acquisition, it will strive to promote derivatives such as Hull City merchandise in mainland China and Hong Kong, while developing a chain franchise, commodity and media business to coordinate with existing business. It is believed that this acquisition can create opportunities in media, advertising and relevant areas of the Chinese market which have unlimited potential.
This acquisition will also bring other revenue including ticket proceeds, television and broadcasting income and various business revenues from sponsorship, commodity accessories and relevant products.
Proofread by Sean O Diobhilin
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025 12:36
Related coverage
Chinese investors eye Hull City
08 Aug 2016
Chinese investors purchase 80% stake in Southampton FC
15 Aug 2017
Weekly Report: The 2017 East Asian Football Championship match China VS South Korea topped the list
13 Dec 2017
Chinese conglomerate links with Jorge Mendes
19 Jan 2016
AC Milan and China are perfect match for each other
20 Apr 2015
More from Yutang Sports
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
When New tournaments Meets New Tech, the Old Friend of Football Has New Stories
14 Jul 2025
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
Yutang Sports
loading...